MSC takes over Milan air cargo carrier

Monday, 25 September 2023

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MSC has acquired the majority stake of AlisCargo Airlines, a Milan-based air freight carrier.

The parties confirmed that the transaction is a first step towards the acquisition of 100% of AlisCargo Airlines by MSC, expected to happen at the beginning of 2024, once AlisCargo Airlines will restart operations with the delivery of a Boeing 777F.

This transaction is another step to further developing MSC Air Cargo operations and creates a European gateway and transit point for MSC’s air cargo solutions.

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The majority selling party is represented by the Leali Group, led by Domenico Alcide Leali who, after the success with Air Dolomiti started AlisCargo Airlines in 2019.

MSC Air Cargo has been building up its air cargo offering through numerous partnerships with sales agents and software providers.

MSC Air Cargo provides a complementary solution to MSC’s core shipping services and operates two aircraft managed by Atlas Air Worldwide between Europe, Central America and Asia and will add two more in the next six months.

Following the completion of the operation, MSC Air Cargo will have a new operating license and a fleet of five wide-body aircraft within the next 12 months.

Source : splash247.com

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